Commerce Bank Invests $230,000 in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Commerce Bank bought a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,719 shares of the company’s stock, valued at approximately $230,000.

Several other institutional investors and hedge funds also recently modified their holdings of CGUS. Comerica Bank boosted its position in shares of Capital Group Core Equity ETF by 83.3% in the first quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after buying an additional 500 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Capital Group Core Equity ETF in the second quarter valued at about $89,000. Atria Investments Inc purchased a new position in Capital Group Core Equity ETF in the third quarter valued at about $204,000. International Assets Investment Management LLC purchased a new position in Capital Group Core Equity ETF in the second quarter valued at about $207,000. Finally, Mark Sheptoff Financial Planning LLC boosted its holdings in Capital Group Core Equity ETF by 5.4% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 6,469 shares of the company’s stock valued at $209,000 after purchasing an additional 329 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $35.36 on Thursday. The company has a market capitalization of $2.92 billion, a P/E ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a one year low of $26.75 and a one year high of $35.74. The stock has a 50-day moving average price of $34.62 and a 200 day moving average price of $33.22.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.